Business and Industrial Energy Storage Project Launched: Zhongbei Communication Partners with Jinkai New Energy for 2 Billion Yuan Investment Intent

Digital Energy Network – Image News – Industry Updates: Launch of Commercial Energy Storage Projects! Zhongbei Communication and Jinkai New Energy Reach a 2 Billion Yuan Investment Agreement

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Energy Storage Policy Hubei: Implementation of Deep Valley Electricity Price Mechanism during Holidays

On April 8, the Hubei Development and Reform Commission issued a notice regarding the implementation of a deep valley electricity price mechanism during holidays. The document specifies that based on the existing commercial electricity price mechanism, during the Spring Festival, Labor Day, and National Day (exact dates to be determined by the state), a daytime deep valley period (9:00 AM – 3:00 PM) will be established. For commercial electricity purchasing agents, the floating rates for the electricity purchase price and transmission losses will be adjusted from 1 to 0.9 between 9:00 AM – 12:00 PM and from 0.48 to 0.43 between 12:00 PM – 2:00 PM. Users participating directly in market trading will not be subject to these price fluctuations during the provincial spot market operation period according to current national and provincial regulations. Stakeholders are encouraged to take holiday factors into account when quoting and decomposing curves during medium- to long-term transactions, forming time-based prices through market mechanisms.

Corporate News

Launch of Commercial Energy Storage Projects! On April 13, Zhongbei Communication Group Chairman Li Liubing led a team to revisit the headquarters of Jinkai New Energy Co., Ltd. Both parties engaged in in-depth discussions regarding the progress of the smart computing center project in Yiwuh County, Hami, Xinjiang, and subsequent strategic cooperation, signing a strategic cooperation investment framework agreement worth 2 billion yuan. According to the agreement, both parties expect to cooperate on a yearly budget of 1 billion yuan over the next two years. Jinkai New Energy will leverage its strong capital advantages, while Zhongbei Communication will utilize its smart computing resource advantages and professional computing power services to jointly implement the smart computing center and commercial energy storage projects.

Leading a New Paradigm in Energy Storage Management, CATL Launches the Tianheng Smart Storage Platform

On April 10, CATL unveiled the smart energy storage management platform, “Tianheng·Smart Storage,” providing energy storage station clients with intelligent operational maintenance and management solutions throughout the asset lifecycle, ensuring safety, efficiency, and profitability. The platform, supported by IoT and blockchain technology, utilizes CATL’s battery know-how and advanced AI algorithms to achieve fault predictions up to 7 days in advance with an accuracy rate of over 99.99%. The virtual CT product for batteries enables on-site personnel to analyze and locate issues within five minutes, and with 24/7 support from the AI assistant Xiaoheng and CATL’s global operational personnel, unplanned downtime losses at energy storage stations can be reduced by 75%.

Shangneng Electric Officially Launches 430kW Liquid-Cooled Modular PCS

On April 10, Shangneng Electric held a grand launch event in Beijing for its new energy storage product, the “True” liquid-cooled 430kW modular PCS, designed for 600+Ah large cells. The product aims to elevate the industry through seven core technical features, marking the beginning of a new era in large-scale 6MW+ energy storage. Zhou Bin, Director of Shangneng Electric’s Energy Storage Solutions Department, detailed the new product, which addresses technical challenges related to 600+Ah large cells, thereby enhancing the economic efficiency and flexibility of energy storage systems, optimizing performance in terms of cycling efficiency, lifespan, energy density, and grid adaptability.

Colin Electric Unveils New Energy Storage Product!

On April 10, Colin Electric introduced its GRID-FORMING 135kW/261kWh liquid-cooled energy storage cabinet under the theme “Wisdom Creates the Future, New Network Construction.” The unveiling showcased the company’s solid strengths and innovative energy in the storage sector through product launches, presentations, and engaging interactions. The GRID-FORMING cabinet, with four core technologies, sets a new industry benchmark and has attracted significant interest from industry clients, with an announced price as low as 0.568 yuan per Wh, generating enthusiastic responses at the event.

Guorun Energy Storage Signs Agreement with China General Nuclear Power Group to Foster In-Depth Cooperation in New Energy Storage

On April 12, Shanxi Guorun Energy Storage Technology Co., Ltd signed a strategic cooperation agreement with China General Nuclear Power (Hubei) New Energy Investment Co., Ltd and China General Nuclear Power (Shanxi) New Energy Investment Co., Ltd in Beijing. This collaboration signifies a strong partnership in the field of new energy storage, working together to propel China’s energy transition and achieve carbon-neutral goals. The three parties will focus on the development and construction of wind power, photovoltaics, and new energy storage projects, along with technological innovation and industrial synergy.

Flow Energy Technology and Hanxiang Environmental Energy Sign Integrated Strategic Cooperation Agreement

On April 10, Flow Energy Technology Co., Ltd and Hanxiang Environmental Energy (Shenzhen) Holdings Co., Ltd signed a strategic cooperation agreement. The two parties will focus on the Greater China new energy market, deepening cooperation in energy storage stations, charging and swapping facilities, and ecological environmental sectors, exploring an integrated development model for “source, network, load, and storage.”

Ant Group, Hello, and CATL Establish Strategic Cooperation!

On April 10, Ant Group, Hello, and CATL formally signed a strategic cooperation agreement. The three parties will leverage their core strengths in digital technology, new energy technology, and shared mobility ecosystems to engage in deep collaboration in four key areas: green smart mobility, digital technology, green operations, and green investment. A critical focus of this strategic partnership will be on green smart mobility, including smart driving, the construction of a comprehensive service platform for new energy mobility, and battery aftermarket services. Additionally, they will work together to promote application development and commercialization in key areas, including the establishment of joint ventures.

Technological Innovation

On April 9, it was reported that Shaanxi Blow Company was granted a patent for a coupling system between compressed air energy storage and deep cold air separation heat. The patent, titled “Coupling System for Compressed Air Energy Storage and Deep Cold Air Separation Heat,” was issued with the announcement number CN 222733168 U, with an application date of March 2024. This innovation overcomes existing technical deficiencies, enhancing energy efficiency in the conversion stages of different energy types in compressed air storage.

On April 10, National Grid Hunan Integrated Energy Service Co., Ltd filed a patent for a cloud storage charging and discharging optimization method and device to improve the efficiency of energy storage systems. The application, with publication number CN 119787434 A, was filed in March 2025. The method involves obtaining real-time meteorological data and forecasting electricity output based on this data, establishing demand response models, and optimizing decision-making for cloud storage charging and discharging to enhance efficiency and balance grid loads.

Project Progress

Investing 100 million yuan! A high-performance lithium battery project with an annual production capacity of 20 million units is set to launch in Guangxi. On April 7, the Chongzuo High-tech Zone signed an agreement with Guangxi Huazheng New Energy Technology Co., Ltd for the production technology transformation and expansion of this project. The project will cover 20 acres, with construction starting in May 2025 and expected to be completed and in production by the first quarter of 2026, anticipating an annual revenue of 400 million yuan.

The Chenzhi Anqi lithium battery recycling project has commenced in Chongqing. On April 7, the ground-breaking ceremony for the capacity construction project (Phase I) was held in Chongqing Tongnan High-tech Zone. The project is set to process 70,000 tons of battery crushing and powdering, 70,000 tons of hydrometallurgical regeneration, and has a 2.1 GWh annual processing capacity for battery reuse, expected to be completed by the end of 2025 and in production by March 2026.

125kW/500kWh! Zhongna Energy Storage’s all-vanadium flow battery energy storage system “Light Storage Charge” smart charging station is in trial operation. Recently, the “Light Storage Charge” project on Zhangba North Road has successfully entered its integrated trial operation phase after prior preparations and adjustments. This smart charging station combines photovoltaic, energy storage, and charging functions, marking a significant step forward in revitalizing asset resources and enhancing new energy infrastructure construction.

International News

On April 7, Zhongteng Microgrid will deploy new energy microgrid systems and energy management systems (EMS) in the Maldives. The signing ceremony for this project took place in Malé, Maldives, with representatives from Zhongteng Microgrid and the Ministry of Tourism and the Environment. Zhongteng Microgrid will implement renewable energy acceleration plans on 18 resident islands, supporting the Maldives’ goals for renewable energy development.

The Polish government has announced the launch of a 4 billion zloty subsidy plan for energy storage facilities. On April 4, the Polish government officially initiated a subsidy program with a total budget of 4.15 billion zloty (approximately 1 billion USD) aimed at promoting large-scale energy storage project construction and enhancing the stability of the national power grid (NPS). This initiative, managed by the National Fund for Environmental Protection and Water Management (NFOŚiGW), marks a significant opportunity for the storage industry amidst the global energy transition.